Online report: Tom Wilson out as CEO of Palace Sports and Entertainment Based on the above information, Tom Wilson is a goner. I think this may be a preview of what is to come in relationship to the sale of the pistons. I somehow believe that a takeover of the pistons have begun but not advertised as such. The buyer, no other than the Michigan native who was part of the Cliveland organization but was let go not to long ago. This would be a competetive move on his part especially when you look at the way he was ousted from the Cleveland Cavs organization. Sweet revenge.